Why are Ukrainian apple growers grubbing orchards while rising domestic prices prompt imports?

Published 2023년 3월 29일

Tridge summary

Ukrainian apple growers are expected to harvest a record number of orchards in the 2022/23 season, but the market is becoming more dynamic with potential sharp price increases due to high production costs and limited export opportunities. The price of apples has already increased by 58% compared to last year, and is expected to rise further due to low quality apples and reduced stock. This has led to increased apple imports and some growers abandoning apple farming due to losses.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, Ukrainian apple growers could harvest a record number of orchards in the 2022/23 season. Meanwhile, developments in the market for apples in Ukraine are becoming very dynamic and the price of the most eaten fruit may soon rise sharply. Let's find out why, with the rising prices of apples, growers do not consider growing them profitable enough. If you look at the wholesale prices of apples in the current season, even in US dollars, the situation does not seem catastrophic. The prices are right in the middle between the seasons with the best prices such as 2019/20 and 2020/21 and the seasons with the low prices such as 2018/19 and 2021/22. Prices for one of the most popular apple varieties, Golden Delicious, are now 58% higher than a year ago and 73% higher than in 2018/19 when some growers fertilized their fields with apples. In addition, we believe that from the end of March to July 2023, the average wholesale price for apples in Ukraine may ...

Source: AGF